Bumitama Agri Unit Costs Set to Rise -- Market Talk
Dow Jones
May 14
0355 GMT - Bumitama Agri's unit costs are likely to rise due to higher prices of fertilizer and diesel, RHB Research analysts say in a note. The palm oil producer now expects unit costs to increase around 10% this year versus 5%-10% projected previously. RHB maintains its target price of S$1.70. However, it upgrades the stock to neutral from sell, citing a fair valuation after a 15% share-price decline over the past two weeks. Shares are last up 1.6% at S$1.90. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 13, 2026 23:55 ET (03:55 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.